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Directed Electronics can’t block rival Hanhwa’s deal with Izuzu in IP case
A judge has dismissed a bid by Australian auto electronics company Directed OE for an injunction stopping South Korean rival Hanhwa from supplying a new audio visual unit to truck company Izuzu it claims was developed using confidential information.
ACCC sues Aurizon, Pacific National to block rail deal
The Australian Competition and Consumer Commission has sued Aurizon and Pacific National, claiming a proposed $225 million deal over a major rail freight business in Queensland would have substantially lessened competition.
ASIC asks Westpac: What happened to Colin ‘the Rat’ Roden?
The Australian Securities and Investments Commission wants documents from Westpac Banking Corp. detailing how it disciplined rogue traders, including Colin 'the Rat' Roden, at the centre of a scandal to influence the benchmark Bank Bill Swap Rate.
Mattel tells court transformable toys nothing new
Toy giant Mattel is fighting back against claims that its Mecard toys violate Canadian toy company Spin Master's patent for a toy transformation mechanism, claiming transformable toys are nothing new and that Spin Masters' patent is invalid.
Murray Goulburn class can’t get docs to pursue Herbert Smith Freehills
The lead applicant in a class action against Murray Goulburn has lost a bid for access to documents showing the dairy cooperative’s trust consulted with a QC about possible negligence claims against Herbert Smith Freehills.
Sportsbet launches trade mark suit against rival Crownbet
Online bookrunner Crownbet has been sued by rival Sportsbet over its attempt to trade mark and operate under the "Sportingbet" name.
CBA’s $25M rate-rigging settlement gets court OK
The Federal Court has approved Commonwealth Bank's $25 million settlement with ASIC over allegations it manipulated the bank bill swap rate.
Murray Goulburn boss can’t delay mediation in ACCC case
A judge has dismissed a bid by former Murray Goulburn boss Gary Helou to push off mediation in an action brought by the ACCC, ruling that the ex-executive's trip to China was no reason to delay possible resolution of the case.
Westpac’s conduct ‘unconscionable’, but no BBSW rate-rigging, judge says
Westpac Banking Corp. engaged in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, a Federal Court judge ruled Thursday.
Judge sets date for opposing bovine gene patent changes
The judge overseeing a case brought by Meat & Livestock Australia over a bovine gene patent has given parties until July 5 to oppose changes to the patent, held by Cargill and Branhaven, after an earlier ruling invalidated the patent.